XRP News: Potential Bullish Breakout Eyes $2.50 Mark and Ethereum Flip

XRP Price Today: Could a Bullish Breakout Push It Past Ethereum?

The market capitalisation of XRP remains at $142,889,441,501, at least 46.48% lower than Ethereum’s market cap. A recent post by crypto analyst Dom suggests that XRP is currently testing a historically strong resistance level versus Ethereum. Historically, the XRP market has surged at least 160% after breaking this resistance, raising the question of whether it can flip Ethereum in market value.

XRP Price Eyes $2.50 Mark After Notable Bounce

Ripple’s XRP has seen a significant rebound, rising by more than 6% to trade at $2.44. The broader cryptocurrency market is experiencing a bullish surge, with Bitcoin surpassing $86K and Cardano (ADA) up 16%. XRP is targeting the $2.50 level, but potential headwinds and bearish divergence signals caution for short-term price action. Support levels between $2.25 and $2.30 have held firm, paving the way for further upside if respected.

XRP Price Retreats After Surge; Whales Selling At Record Pace

XRP exploded to nearly $3 after President Trump hinted at a US crypto reserve including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Solana (SOL). However, the payments-focused token has since retreated 50% to $2.31. Data from CryptoQuant shows that large XRP holders are cashing out, indicating that XRP is currently in a distribution phase.

Will XRP Go Up? New Price Forecasts Show If XRP Can Reach $100

XRP surged 35% in one day, only to drop nearly 20% the next. Triggered by Donald Trump’s announcements regarding U.S. crypto reserves, XRP’s price has experienced significant volatility in early 2025. After reaching a seven-year high of $3.40 in January, it dropped to $1.76 in early February and stabilized NEAR $2.52 as of March 5, 2025. The latest 34% surge within 24 hours coincided with rumors of a Crypto Strategic Reserve. Investors are asking if XRP will go up, and expert forecasts explore if it can reach $100 in 2024 or the coming years.